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JIT means "Just in Time" , JIT is a management strategy that aligns raw-material order from suppliers directly with production schedules. companies use this inventory strategy to increase efficiency and decrease waste by receiving goods onlyas they need them for the production process,which reduses inventory costs. this method requires producers to forcast demand accurately. best example for this is Toyota manufactoring system, they starts to production of car soon after you booked the car and they are very success in JIT inventorysystem.
In Flexible Manufacturing System(FMS), unlimited progress has been made in the layout design with integrated scheduling.is a theory which permits production systems to perform under high modified production needs. The problems such as minimum inventories and market-response time to bump into customer needs, response to adjust as per the deviations in the market.